Discuss the project risk management processes

Assignment Help Management Theories
Reference no: EM131479597

Question: 1. At this point in the class you have been exposed to several ideas, concepts and strategy regarding risk management. Taking what you have learned so far and including your past professional experience as project managers/team members which part of the status cycle do you find the most important. Please be detailed in your response. Do you think your choice would still be important if the project was a risky or troubled project? If so, why? If not, what part of the status cycle is most important when dealing with a troubled/risky project? Details are required.

2. Read the article by copy and paste this link "Project risk management processes: improving coordination using a clustering approach" by Marle & Vidal. Really dive in and look at the methodology they are proposing. Based on what you read, what are your opinions of the Risk Clustering approach they are proposing as an efficient risk management approach? Please be detailed and feel free to use details from the article. Remember if you are going to challenge the article, you need to pull out specific ideas. If you are in agreement, you need to mention those items that support your thoughts.

Reference no: EM131479597

Questions Cloud

Two important areas would you tackle first and why : Which of these two important areas would you tackle first and why? You have identified a number of issues around the current way of working,
Application of a variety of intellectual skills : Creating an annotated bibliography will require the application of a variety of intellectual skills and the ability to use appropriate search engines.
Recommend an additional service to add to the dms website : Recommend an additional service to add to the DMS Website. Critique the merits of the major services found on the DMS Website.
What primary and secondary information would you seek : You are owner of upscale nightclub called Amnesia Nights on Sunset Boulevard in Hollywood, California. What primary and secondary information would you seek?
Discuss the project risk management processes : At this point in the class you have been exposed to several ideas, concepts and strategy regarding risk management. Taking what you have learned so far.
What events led to ishi being the last survivor : What valuable information other than language did Ishi provide for researchers that they would not have otherwise been able to obtain?
Steady-state probabilities of soft drink selection : Suppose a customer just purchased a Pepsi-Cola product. What is the average number of times that customer will purchase either a Coca-Cola product.
What is the objective of the communication : In any project proposal that has been made to the client. Analyze it as a piece of communication. What is the objective of the communication?
Derive a class from longinteger called hexinteger : Derive a class from LongInteger called HexInteger, which is a hexadecimal (base 16) version of LongInteger with the same attributes and methods as the others.

Reviews

Write a Review

Management Theories Questions & Answers

  What is iges stated purpose

Select one of the IGE business dilemmas and propose a resolution. c. How could a corporation benefit from the services of the Institute for Corporate Ethics?

  Compute the weighted mean

Compute the sample mean of the four data values without weighting. Note the difference in the results provided by the two computations.

  Develop a new information system

How can business intelligence help companies refine their business strategy? Give two examples to illustrate. Elaborate on the importance of understanding how a business process works when trying to develop a new information system. gIve two examp..

  A perpetual inventory system

A perpetual inventory system.

  Prove chebyshev inequality

To prove (3.6), we calculate Var ?n and use it in Chebyshev's inequality. For simplicity, we choose a partition of the interval [a, b] into equal segments.

  Evaluate the hospital admission process

Identify one structure measure, one process measure, and one outcome measure that could be used to evaluate the hospital admission process.

  Personal mission and vision statements

Personal mission and vision statements

  Explain e-negotiations and similar technological advances

E-Negotiations and similar technological advances effectively remove the need for negotiators tc travel to their markets to maintain personal contact with customers and to assess the local ..

  Frederick manufacturing corp

Frederick Manufacturing Corp. ordered 500 dozen units of Import Traders' rubber pads for $2,580. The order indicated that the pads should be ‘‘as soft as possible.'' Import Traders delivered the rubber pads to Frederick Manufacturing on November 1..

  Define the term safety climate

riefly outline the legal responsibilities that employers have to ensure a safe workplace. Define the term 'safety climate' (drawing on appropriate academic literature)

  Which group decision-making technique do you recommend

Furthermore, meetings with this group often go off the agenda and drift into tangential subjects. A quick decision needs be made with input from all members of the team. Which group decision-making technique do you recommend

  Consider the current situation and prevailing political

Consider the current situation and prevailing political and economic conditions in Brazil, a BRIC country. As a manager who has been considering investment in Rio de Janeiro, how do you assess the political and economic risks at this time?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd